About State Bank of Bikaner and Jaipur

Headquartered in Jaipur, Rajasthan, many of you will surely agree on the fact that State Bank of Bikaner and Jaipur is a name you can easily trust. Being founded in the year 1963, after the amalgamation of two leading banks i.e. State Bank of Bikaner and State Bank of Jaipur, there is no denying the fact that today SBBJ has created its own niche in the banking sector and has won the trust of many. Be it loans, insurances, investments, savings or any thing else, this prestigious bank deals into everything, hence making sure thta all your needs can easily be fulfilled in the least tiem frame.

With over 1,360 branches, nestled in every nook and corner of the country, this reputed bank is no doubt ruling the roost with plenty of its unmatched offerings in the form of a personal loan, home loan, education loan and so on. However, this is the reason that people living in the wonderful Bengaluru city prefer to avail the quality services offered by this reputed lender so as to meet their needs in the least time frame. However, in case, you are also in Bengaluru and getting confused from where to avail the services, SBBJ is your answer.

Products Offered by State Bank of Bikaner and Jaipur in Bengaluru

There are numerous products that you can avail from SBBJ i.e. personal loan, home loan, education loan, car loan, two & three wheeler loan, etc. But, to avail these products, you need to meet the eligibility of the same, hence to know about the same, you just need to take a look at the table below.

Income above ₹ 5 Lakhs-not exceeding 55%. Income of spouse/son/daughter (any two) can be clubbed.For businessman, loan amount may be considered on the basis of sales, if the loan amount is more than ₹2 Lakhs.

EMI 36-84 months Repayment to be completed by the time the borrower reaches 70 years

Flat ₹ 750/- per car loan

Loan for Earnest Money

Individuals above 21 years with a steady source of income

0.1215

90% of application money or 15 times NMI. Incomes of all the applicants may be taken into account if application is in joint names or 10% of the value of the house/ plot/ flat or ₹ 5.00 lacs Which ever is lower Care should be taken to finance only genuine applicants (individuals only) should be financed and not the speculative buyers.

On receipt of refund Lump sum repayment on availing of housing loan but period is not more than 12 months

0.60% of the loan amount Minimum ₹ 110/-

SBBJ Varisth Nagarik Pension Loan Yojana

A) Pensioners - All central and State government pensioners, pensioners of various Central/ State Govt. Undertakings and pensioners of SBBJ, whose pension accounts are maintained by our branches.

B) Family pensioners - Family pensioner i.e. spouse authorized to receive pension after the death of the pensioner.

In addition to the pensioners availing pension from our branches, the pensioners whose pension is disbursed by Government treasuries by means of cheques / bills payable, as per mandate of the pensioner, are also eligible for availing pension loan. In such cases, the original Pension Payment Order (PPO) remains in custody of the Treasury and the pensioner will give a mandate to the Treasury for payment of pension through a particular branch of the Bank.Such pensioners will be included under the purview of the scheme subject to the following conditions:

1. The pensioner concerned will furnish an irrevocable undertaking that he / she will not amend the mandate to the treasury to pay the pension from a particular SBBJ branch, during the currency of the loan availed by him from SBBJ.

2.The concerned Treasury consents in writing that it will not accept any request from the pensioner to transfer his / her pension payment to any other bank / branch till an NOC is issued by the Bank.

For SBBJ Family pensioners Family pensioners < or = 70 years of age : ₹ 3.50 lacs Family pensioners >70 years and < or = 75 years of age : ₹ 2.00 lacs

24-60 Months

₹ 500/- per application

SBBJ Two Wheeler Loan

An individual must earn a minimum monthly income of ₹ 5000/- or net Min. Annual income ₹ 60000/-

Min, ₹ 10000/-, 12 times of NMI Max. ₹ 75000/-

36 to 60 months

1.15% of the loan amount

SBBJ Education Loan

The student should be an Indian National.Should have secured admission to a higher education course in recognized institutions in India or abroad through Entrance Test / Merit Based Selection process after completion of HSC (10+2 pr equivalent)

₹ 10 Lakh for education in India

₹ 20 Lakh for education in Abroad

Course period + 1year or 6 months after getting job, whichever is earlier.

Repayment of the loan will be in equated monthly instalments (EMI) for periods as under:- For loans upto ₹ 7.5 Lakhs. - up to 10 years. For loans above 7.5 Lakhs. -upto 15 years

Additional documents required for salaried persons Original salary certificate from employerTDS certificate on Form 16 of IT return for last two financial years, duly acknowledged by IT department.Additional documents required for Professionals/self-employed/other IT assessesAcknowledged copies of three years IT return/Assessment ordersPhotocopies of challans evidencing payment of Advance Income Tax

Personal Loan

Income ProofsThe income proofs could be salary slips or bank transactions to avail SBI personal loans.Multiple Income SourceYes, you can combine the income of your spouse to increase your chances of getting a higher personal loan amount in SBI.ID ProofsYou need to submit your passport/voter ID card/driving license to avail SBI personal loan.Documentation for Salaried ApplicantLatest salary slipCurrent dated salary certificate with the latest Form 16Documentation for Self-employed ApplicantLatest Bank statementLatest ITR or Form 16

The student should be an Indian National.Should have secured admission to a higher education course in recognized institutions in India or abroad through Entrance Test / Merit Based Selection process after completion of HSC (10+2 pr equivalent)

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